Increased wish for pizza throughout Poland and Croatia aided sales leap at the proprietor of Domino’s in both European nations, according to brand-new numbers.
DP Poland, which runs Domino’s Pizza shops and dining establishments throughout Poland and Croatia, has actually acquired system sales of ₤ 55.4 m for 2024 after having the ability to draw in brand-new clients.
In Poland, overall system sales saw a 15.9 percent surge year on year, and a 17.9 percent boost on a like for like basis.
The typical once a week order matter likewise expanded by 13.2 percent to 827 in the twelve month.
In Croatia, sales leapt by 40.2 percent year on year and 6 percent on a like for like basis. Average once a week orders stayed secure at greater than 1,200.
In a statement provided to the London Stock Exchange, DP Poland stated: “Pressures on power, rental fee and energies prices reduced in H2 2024 and rising cost of living in Poland has actually decreased to 3.9 percent by year-end.
“Revised rates techniques have actually been presented to the marketplace in Q4 2024, maintaining the firm’s placing the same versus competitors and have actually confirmed reliable in maintaining consumer contentment while sustaining productivity.
‘Another year of outstanding growth’
DP Poland’s president, Nils Gornall, stated: “2024 has actually been one more year of impressive development for DP Poland, showing our proceeded concentrate on implementation and functional quality.
“Despite a tough macroeconomic atmosphere and a high relative base from a document 2023, we maintained solid sales development while speeding up the rollout of brand-new shops and broadening our franchising initiatives.
“In Poland, our procedures accomplished a 3rd successive year of double-digit like-for-like (LFL) system sales development, increasing by 17.9 percent, driven by increasing order quantities and brand-new consumer procurement.
“We have actually developed our rates approach, boosted consumer worth and accomplished record-breaking degrees in both sales and orders in the 4th quarter, placing us well for continual efficiency in 2025.
” 2024 saw the team attain constant pre-IFRS16 EBITDA productivity in Poland for the very first time, showing our regimented expense administration and concentrate on productivity.
“With an expanded and optimised store network, the initiation of a franchising model, and a debt-free balance sheet, we are confident in our ability to capitalise on the opportunities ahead.”
